BMW to build engines in North America

Source: Bloomberg
BMW AG, the largest manufacturer of luxury cars in the world, is planning to build its first engine production plant in North America, as the company wants to invest more in expanding region's car market. It is planned the plant to be built either in U.S. or in Mexico and to be opened after 2014. Today, BMW AG equities are trading down 0.5% to 80.85 euro by 15:15 GMT in Frankfurt.
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Wed, 11 Dec 2013 16:06:17 GMT

Retail sales in Cyprus drop 6.1% in September

Retail sector of Cyprus continued to show a significant decline in September of the current year, as the economy decline and unemployment rises. The volume of retail sales slumped 6.1% in the mentioned month after a 3.1% decrease in August. The results show a considerable decline in economic activity. At the same time, retail sales from January to September posted

Wed, 11 Dec 2013 15:44:04 GMT

Home Depot earnings to rise slower in 2014

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